Transwarp(SH:688031) Shang Hai Zheng Quan Bao·2025-10-30 18:29Core Viewpoint - The article discusses the transformation of StarRing Technology into an "AI infrastructure" company, leveraging its distributed systems expertise to capitalize on the AI revolution and enhance its competitive edge in the big data software sector [2][6][9]. Group 1: Company Background and Development - StarRing Technology was founded by Sun Yuanhao, who has a strong background in distributed systems from Nanjing University and experience at Intel in big data software [3][4]. - The company has established itself as a leader in the big data software market, being the first Chinese firm to enter Gartner's Magic Quadrant for data warehousing and management solutions in 2016, and achieving the highest market share in China's big data platform sector from 2020 to 2024 [4][5]. Group 2: AI Infrastructure Transition - In 2022, StarRing Technology went public in A-shares, coinciding with the emergence of large AI models, and has since positioned itself as an "AI infrastructure" provider, focusing on both hardware and software components necessary for AI development [6][9]. - The company offers data governance tools to assist enterprises in their AI transformation, including a multi-model data platform and data processing tools to enhance data quality [7][9]. Group 3: Market Opportunities and Future Goals - The AI technology revolution presents significant opportunities for software and hardware companies, with StarRing Technology anticipating a fourth wave of growth focused on infrastructure software as the market evolves [9][10]. - StarRing Technology is planning to issue H-shares and list on the Hong Kong Stock Exchange to raise funds for international expansion, aiming to adapt its products for global markets and enhance its service capabilities [10][11].